Tripadvisor (NASDAQ:TRIP) buys French online LaFourchette
TripAdvisor (NASDAQ:TRIP) announces the acquisition of LaFourchette.com. For the online giant, the French “Fork” will complement its online recommandation and rating services for restaurants and hotels in the world. With operations in France, Spain and Switzerland, LaFourchette booking application will become part of Tripadvisor strategy to provide value services for restaurants. LaFourhcette has tied 12,000 partnerships with restaurants across Europe since 2007. This distribution network … Continue reading Tripadvisor (NASDAQ:TRIP) buys French online LaFourchette
Hot Stocks: Baidu Inc (ADR) (NASDAQ:BIDU), Weibo Corp (ADR) (NASDAQ:WB), SINA Corp (NASDAQ:SINA), Qihoo 360 Technology (NYSE:QIHU)
Alibaba operates online platforms such as Taobao Marketplace and Tmall.com that connect retail brands with consumers. The Chinese company makes most of its sales from commissions and advertising and competes with Tencent Holdings Ltd and Baidu Inc. (ADR) (NASDAQ:BIDU) for the more than 600 million Internet users in China. Baidu Inc (ADR) (NASDAQ:BIDU) stock performance was -1.19% in last session and finished the day at … Continue reading Hot Stocks: Baidu Inc (ADR) (NASDAQ:BIDU), Weibo Corp (ADR) (NASDAQ:WB), SINA Corp (NASDAQ:SINA), Qihoo 360 Technology (NYSE:QIHU)
Social Stocks In News: Facebook Inc (NASDAQ:FB), Renren Inc (NYSE:RENN), Zynga Inc (NASDAQ:ZNGA), LinkedIn Corp (NYSE:LNKD)
Facebook Inc (NASDAQ:FB) is growing signficantly in China even though the site was banned by Chinese government in 2009. The social media giant’s vice president Vaughn Smith recently spoke at GMIC Beijing about his company’s growth. Facebook Inc (NASDAQ:FB) stock performance was -4.39% in last session and finished the day at $58.53. Traded volume was 5,977.00million shares in the last session and the average volume … Continue reading Social Stocks In News: Facebook Inc (NASDAQ:FB), Renren Inc (NYSE:RENN), Zynga Inc (NASDAQ:ZNGA), LinkedIn Corp (NYSE:LNKD)
Bullish Stocks At NASDAQ: TeleCommunication Systems (NASDAQ:TSYS), Appliance Recycling Centers of America (NASDAQ:ARCI), Peregrine Semiconductor (NASDAQ:PSMI), Qualys Inc (NASDAQ:QLYS)
TeleCommunication Systems, Inc. (NASDAQ:TSYS) reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.02. The company had revenue of $85.09 million for the quarter, compared to the consensus estimate of $76.78 million. During the same quarter in the previous year, the company posted $0.04 earnings per share. The company’s revenue for the quarter was down 10.2% on a … Continue reading Bullish Stocks At NASDAQ: TeleCommunication Systems (NASDAQ:TSYS), Appliance Recycling Centers of America (NASDAQ:ARCI), Peregrine Semiconductor (NASDAQ:PSMI), Qualys Inc (NASDAQ:QLYS)
Large Cap Losers & Gainers: Avago Technologies (NASDAQ:AVGO), EOG Resources Inc (NYSE:EOG), Alcatel Lucent (NYSE:ALU), Twitter Inc (NYSE:TWTR)
Avago Technologies Ltd. (NASDAQ:AVGO) entered into a merger agreement with LSI Corp., which became a wholly owned subsidiary of Avago Technologies Ltd. (NASDAQ:AVGO) USA effective last month. Avago Technologies Ltd. (NASDAQ:AVGO)’s acquisition of LSI gives it exposure to enterprise storage and connects it with other Silicon Valley firms. Avago Technologies Ltd (NASDAQ:AVGO) stock performance was 4.81% in last session and finished the day at $67.34. … Continue reading Large Cap Losers & Gainers: Avago Technologies (NASDAQ:AVGO), EOG Resources Inc (NYSE:EOG), Alcatel Lucent (NYSE:ALU), Twitter Inc (NYSE:TWTR)
Hot Stocks: Office Depot Inc (NYSE:ODP), Bank of America Corp (NYSE:BAC), Ford Motor Company (NYSE:F), Oi SA (ADR) (NYSE:OIBR)
Office Depot Inc (NYSE:ODP) is planning to close at least 400 U.S. stores, as its merger with OfficeMax resulted in an overlap of retail locations that can be consolidated. Office Depot Inc (NYSE:ODP) expects to close 150 stores this year, mostly in the fourth quarter. All of the store closures are anticipated to occur by the end of 2016. Office Depot Inc (NYSE:ODP) stock performance … Continue reading Hot Stocks: Office Depot Inc (NYSE:ODP), Bank of America Corp (NYSE:BAC), Ford Motor Company (NYSE:F), Oi SA (ADR) (NYSE:OIBR)
